marine link image
Register now for the Port of the Future Conference • 2 Days, 50 Ports • Houston/Galveston area, TX • April 12–14, 2027

China Extends Waiver on Port Construction Fees

June 24, 2020

© William Messing / Adobe Stock
© William Messing / Adobe Stock

China’s Ministry of Finance said on Wednesday it would extend a waiver on port construction fees for imported and exported cargoes until the end of 2020 from June 30.

The ministry will also extend a reduction in fees paid to the compensation fund for ship pollution until the end of this year.

The move is part of Beijing’s efforts to help business resume amid the coronavirus pandemic and to shore up its export industry.


(Reporting by Muyu Xu and Beijing Newsroom; Editing by Christian Schmollinger)

Logistics News

Nikkiso Delivers Dry Dock Overhaul for LNG Tanker

Nikkiso Delivers Dry Dock Overhaul for LNG Tanker

CMA CGM Demonstrates Relative Resilience in a Volatile Q3

CMA CGM Demonstrates Relative Resilience in a Volatile Q3

Baltic Index Ends Seven-Session Gaining Streak

Baltic Index Ends Seven-Session Gaining Streak

Iraq Trucks Oil Exports Overland Amidst Continued Hormuz Disruptions

Iraq Trucks Oil Exports Overland Amidst Continued Hormuz Disruptions

Subscribe for Maritime Logistics Professional E‑News

TSA officers are not allowed to sit down during ID checks in US airports
Smoke in the cabin causes emergency landing of a Boston bound Delta flight in Portugal
Zimbabwean businessman Chivayo who was close to the ruling elite killed in helicopter crash